The 30 day moving average of US house sales showed prices and volume continuing to rise in the week ended June 14 in data reported…
Two market developments are worthy of note today (so far). Gold is up 2.5% (off a very cheap low) and USDYEN and EURYEN have made very significant 1.3% moves down.
Stuff like this scares me. It looks like acceleration in the flight to quality. The ne…
A person is placed on suicide watch when he or she displays certain self-destructive patterns and behaviors. Likewise, a market is placed on crash watch when it displays certain destructive patterns and behaviors. As I’…
On Friday morning, the Markit Eurozone Composite Purchasing Manager Indices were out, signalling further weakness. The manufacturing indices, released on Wednesday, had already set the…
PIMCO’s Gross cautions against inflation and credit “ocean”
Reuters – 2 hours 8 minutes ago.. .
By Sam Forgione
NEW YORK (Reuters) – Central bank policies will induce growth in developed countries this year but will create inflationary risks down th…
The composite liquidity indicator edged higher last week, continuing a slow but steady uptrend. In February and March, the indicator had accelerated upward away from…
Yesterday performed as expected in regards to a consolidation/correction. This correction may be over, or it may have a bit more downside left.
Some readers asked about the possibility of a top being in place, so I’ll address that…
On Friday, the market again performed in accordance with the expectations of the preferred count, with the Dow and SPX hitting their targets and reversing within just a few points. This does remain a difficult market to anticipate,…
Home prices are highly seasonal, due to the different mix of homes that sell at different times of the year, but the latest reading for September shows home prices are under added pressure now; this is not just due to the high concentration of distr…
Going Nowhere In A Hurry?…To suggest that the theoretical end of QE2 has been and continues to be widely anticipated by investors is an incredible understatement. Opinions on financial market and well as r…